>Bush is going to put a “temporary hold” on the emergency oil reserve. I originally noted this a while back.
I’ll get that search script working soon enough so you can actually see these things when I say them, instead of just taking my word for it. For though I know I said it, and you can probably find it, having it right there leaves no doubt.
Anyhow, he’s going to decrease demand by not hoarding. I believe this is what has driven our prices up. It’s just a theory, but they already know it controls us all… the price of gas works better then inflation. It’s so volatile lately, there must be other factors. All of a sudden these millions and millions of gallons can fly off the handle at mere speculation of the possibility of there being difficulty in getting as much tomorrow.
It’s so touchy, something has got to be to blame. Why not blame the government? There are several special factors – like ethanol, and of course the war. I wonder though: since when do we not have enough corn? They recently passed law stating that they had to use ethanol to refine their gas, instead of other chemicals. Ethanol causes gas to burn cleaner, I think there’s something about the hydrocarbons and getting attached to the ethanol molecules so they don’t fly into the air… I’d really like to know more about it, but not enough to go research right now and lose my train of thought. (note to self: research ethanol & gasoline)
Of course the war will make gas more expensive, but we don’t get all our oil from Iraq, so it should have a fractional impact at best. What if they stored more oil. Maybe not necessarily to manipulate the market economy, but just cause they were worried. Supply would go down, demand would go up, price would go up as it has.
It’s hit me as I was writing it. With all the conniving these politicians have done over the past 6 years I wouldn’t be surprised.
